for April 14th, 2011
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economy
1. IMF warns European banks of low capital
Banks pose risk to global financial system: report
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marijuana
2. Ontario court strikes down pot laws
Ruling could lead the way to legalization in Ontario
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Libya
3. ‘Contact group’ calls for Gadhafi to stand down
Qatar’s PM makes final statement
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U.S. deficit
4. Obama proposes to cut deficit by $4 trillion over 12 years
Goal falls short of targets set by his deficit commission
In a speech today, Obama proposed a “more balanced approach” to achieve $4 trillion in deficit reduction over 12 years. He’s also called for the creation of a new congressional commission that will be charged with developing the plan to achieve that goal. The goal falls short of targets set by his deficit commission and House Republicans, reports the Washington Post. “We don’t have to choose between a future of spiraling debt and one where we forfeit investments in our people and our country. To meet our fiscal challenge, we will need to make reforms,” Obama said. “We will all need to make sacrifices. But we do not have to sacrifice the America we believe in. And as long as I’m president, we won’t.”
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Parliament
5. PBO chief quoted out of context in G8/G20 report
Report that misquotes AG Sheila Fraser bungles Kevin Page’s statement as well
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Egypt
6. Mubarak and sons detained
Egypt’s prosecutor general says former Egyptian leader will stand trial for corruption and violence
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Election 2011
7. Cannon departs campaign trail for Libya talks
Foreign minister sent top civil servant in his place last month
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Japan
8. Fukushima radiation approaches Chernobyl levels
Officials say it could be several months before Japan’s nuclear crisis is under control
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diversity
9. Canadians are the most tolerant people in the developed world: report
We’re also terrific readers and we don’t have a lot of babies, compared with OECD countries
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niqab
10. Paris woman fined for wearing Islamic niqab
Two others arrested after new law instated Monday
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Election 2011
11. Tories misquoted her to defend summit costs, AG says
Report on G8/G20 summits recycles quote praising Liberals post 9/11
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Afghanistan
12. Canadian involvement will still put soldiers at risk of death: report
Training bases can be key Taliban targets, report says